Data as of March 2026. Source: Realtor.com.
The Elgin, IL real estate market currently shows 235 active listings, with 148 pending sales. Homes are averaging 25.3 days on the market before going under contract.
Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 25.3 days on market compared to 31.9 days last year.
The median listing price has fallen 5.1% year-over-year, from $437,620 to $415,441.
Whether you are buying or selling in Elgin, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 124,298 · Density: 1,049.5/mi² · Median household income: $91,422
Typical home value: $250,508 · Homeownership: 73.2%
Fieldstone: 60120
Elgin: 60121
Maple Manor: 60123
Russinwood: 60124